Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: TRINDY who wrote (71151)	11/30/1999 2:30:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Trindy, the buck is down over 40% against the Yen and up 15% against the Euro. I think the buck is in deep Chiemsee, but the Euro can't help but shoot itself in the foot. I know that I have made big bucks on my Yen calls over the past year and am just about even on my Euro calls, though my timing was pretty good on the Euros. I think traders just don't have confidence in the way the Euro is managed. The buck is hurting, even with bond rates up. As Alan G. continues to pour credit into the economy, folks are starting to get leery of buying dollar denominated crap. It can only get worse until somebody at The Fed sobers up.